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Drawing on the example of late-developing countries, especially from East Asia, catching up with established economic powers, the authors address a new formulation of industrial policy for latecoming, semi-industrialized countries.

Drawing on the example of late-developing countries, especially from East Asia, catching up with established powers, the authors address a new formulation of industrial policy for latecoming, semi-industrialized countries. With contributions from some of the best-known economists currently working in this area, the book will be a valuable guide for economists and international policy-makers interested in development issues.